Yes! You can use AI to fill out Transfer Due to Divorce — IRA/HSA/529

Users often overlook the requirement for a Medallion signature guarantee on the account owner's signature for transfers valued over $100,000. This is different from a notary stamp and serves as a higher level of authentication. Submitting the form without the required guarantee will lead to immediate rejection and significant processing delays. To avoid this, verify the transfer value and visit a qualified financial institution like a bank or credit union to obtain the guarantee before submission.

A common error is failing to include a copy of the divorce decree or providing the wrong pages. The form explicitly requires the pages that identify the parties, state the divorce is granted, and include the judge's signature. Submitting the entire document or incorrect excerpts can cause delays as the processing team must search for the required information. To prevent this, carefully select and copy only the specific pages mandated by the instructions.

This form requires signatures from both the relinquishing account owner and the receiving ex-spouse. People often assume only the person giving up the assets needs to sign, leading to an incomplete submission. An unsigned form is invalid and will be returned, halting the transfer process. Always ensure both parties have printed their names, signed, and dated the form in Section 4 before submission.

Users may misunderstand that transfers must be between identical account types (e.g., Roth IRA to Roth IRA, HSA to HSA). Attempting to transfer assets from a Traditional IRA to a Roth IRA, or from an IRA to an HSA, is not permitted with this form and will be rejected. Before filling out the form, confirm that both the source and destination accounts are of the exact same type to ensure a valid transfer.

In Section 3, individuals sometimes select both 'Specified Amount' and 'Specified Percentage,' or fill in details for both options. This creates ambiguity and forces Fidelity to reject the form for clarification, delaying the transfer. You must choose only one method: either a specific dollar amount or a percentage of the entire account. Using an AI-powered tool like Instafill.ai can help prevent this by enforcing rules that only allow one of the two mutually exclusive options to be selected.

When specifying a dollar amount for transfer, the funds must be available in the account's core (cash) position. A frequent mistake is requesting an amount that is currently invested in stocks or mutual funds, which Fidelity cannot liquidate on your behalf based on this form. This results in a failed transfer. To avoid this, ensure the desired dollar amount is settled as cash in the core position before submitting the form.

The form requires the receiving ex-spouse to have an existing Fidelity account of the correct type. Submitting this transfer request without a valid, open receiving account number will cause the entire package to be rejected. The ex-spouse must first open the necessary account online or via an application, and only then should this transfer form be submitted with the new account number included.

The instructions state that a separate form is required for each registration type (e.g., one for an IRA transfer and another for an HSA transfer). A common mistake is to list assets from both an IRA and an HSA on a single form, which will be rejected. To ensure proper processing, you must complete and submit a distinct form for each account type being transferred.

If more space is needed to list securities for an in-kind transfer, the form allows for an attached sheet. However, users often forget the critical step of signing and dating this attachment. An unsigned attachment is not considered a valid instruction, and the securities listed on it will not be transferred, leading to an incomplete execution of your request. Always sign and date any separate sheets that contain transfer instructions.

When transferring specific securities, the instructions must be precise. A common error is failing to clearly indicate either the exact 'Number of Shares' or checking the 'ALL' box for each security listed. Leaving this part blank or providing unclear directions forces a rejection of the form. Double-check that for every security listed in Section 3, you have provided a clear, unambiguous instruction. Since this form is a non-fillable PDF, a tool like Instafill.ai can convert it to a smart, fillable version that can help validate these fields are completed correctly.